Did Greg Mankiw simply slip up with the following passage? Chapter 9 of my favorite textbook presents the standard analysis of a tariff (a ...

A while ago, I posted some material regarding how well-placed academics rely on low-paid researchers to do their work for them, leading them...

As if the health care situation were not bad enough, Business Week has an very good report showing how medical providers are signing unwitti...

Kissinger's nauseating Nobel Peace Prize award might deflate some of the interest in beyond Leon Walras's nomination. Walras wrote h...

I am currently reading Charles Taylor's A Secular Age . It is making me crazy. I love Taylor - his Sources of the Self was hugely impo...

Sometime today in Iowa the Edwards campaign will release its official list of Economists for Edwards. The leader of the group is James K.Ga...

Whatever happened to the rabid calls for eliminating Sarbanes Oxley? Does anybody even Enron, Tyco, Worldcom, etc? After calls for strong ...

Fasten your seatbelts, it's going to be a bumpy night! Los Angeles TIMES New cars that are fully loaded -- with debt Americans are rolli...

This is exactly right. We are sheep to accept it. The economic cost in terms of direct resources squandered and lost time is massive. The...

I have just finished an interesting new book: Nasaw, David. 2007. Andrew Carnegie (New York: Penguin), which caused me a bit of embarrassmen...

Her two periods of serving as Prime Minister of Pakistan were deeply marred by corruption, and in many ways she was a far from progressive f...

The New York Times reports that Europe is gradually approaching the point of decision on whether to allow genetically modified corn. Becau...

In my revised standard approach, my comments are in bold, while the original is in italics. The New York TIMES / December 25, 2007 Professor...

Upton Sinclair's Jungle was intended to draw attention to the dirty and repressive conditions in the meat packing industry. Reflecting o...

My comments appear below, with Mankiw's original column in italics. -- JD The New York TIMES / December 23, 2007 Economic View: How to ...